Hard Market - in the insurance industry, an upturn in the market cycle, with premiums rising and capacity for most types of insurance declining. May be caused by a number of factors, including a decrease in the return on investment for insurers, an increase in the frequency or severity of losses, and regulatory...

A hedge fund is an investment fund, somewhat similar to a mutual fund. Like a mutual fund, a hedge fund makes pooled investments in various securities that are expected to appreciate in value. However, a hedge fund differs from a mutual fund in two key ways. First, unlike mutual funds, hedge funds “hedge” their...

Homeowners Policy is a packaged property and liability insurance policy tailored to the needs of most homeowners, condominium owners and apartment renters. Different versions are available depending on the type of insured home and coverage. This is the most commonly used home protection insurance policy in the United...